5-MinuteForex.com has launched its second series of real-time forex trade alerts. This version is based on 15-Minute data, rather than 5-Minute data like the first series.

The original 5-Minute alerts are intended for traders with extensive experience and a lot of confidence in their trading skills. The 15-Minute version produces a lot fewer alerts and should be easier to trade for those with less experience.

Both versions monitor all 25 tradeable pairs and generates alerts 24 hours a day for the 5 days a week that the forex market is open. Both monitor price action, the 20-period Exponential Moving Average (EMA) and the Moving Average Convergence-Divergence (MACD). When that combination signals a trade opportunity 5-MinuteForex sends an email alert to each subscriber. The alert arrives in the subscriber’s inbox a few seconds later.

Each alert includes an entry price, stop-loss, initial profit target, and trailing stop once the initial target has been reached. These are only guidelines however, they are not cast in concrete and certainly not intended to replace the trader’s individual judgment or trading sense.